Anyone who dreams that the#pepecoin will reach $1, this post is for you. Read and do your calculations and don't be fooled by the talk of the ignorant.
Anyone who dreams that#pepewill reach $1, this post is for you. Read, do your calculations, and don't be fooled by people's talk. $PEPE
BABY
0.00001807
+0.83%
A
They sell you an illusion.
Getting a currency like PEPE to a price of one dollar is a big challenge due to several factors, including:
PEPE coin has a very large number of coins in circulation (trillions or more).
To reach $1 per coin, the total market cap would need to be massive, perhaps exceeding the value of huge companies like Apple or Microsoft.
Example: If the number of coins is 100 trillion, then a price of $1 means the market cap will be $100 trillion, which is an unrealistic number.
Currencies like PEPE are more based on speculation than practical use.
If there is not enough demand, it is difficult for the price to rise that much.
So, you won't find all that money pumped into a meme coin like PEPE.
PEPE coin rising to $1 would require almost impossible conditions such as a very large reduction in the number of coins in circulation or massive amounts of money being pumped into the market. It is best to treat meme coins with extreme caution, especially since they are not backed by real projects or applications.
If you liked the analysis and want to analyze more currencies, please write them in a comment$PEPE